3 Steepleton CtHillsboroughNC27278
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hillsborough at 3 Steepleton Ct, Hillsborough, NC, 27278 priced at $739,900 pairs $3,109/mo rent with after a $3,621/mo payment. Total monthly income equals $3,109/mo. Return on cash invested is 13.16% in year one, and rental yield stands at 5.04% on a $739,900 basis. Equity gained on principal adds $4,774/yr, and 5% annual appreciation accumulates to $204,421 by year five. Five-year ROI measures 66.5% and total cumulative return in cash reaches $161,883. For financing, Ziffy Mortgage’s DSCR program evaluates $3,109/mo property income against a $3,621/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27278, Hillsborough, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,643 (100%) |
| Owner Occupied HU | 9,138 (72.3%) |
| Renter Occupied HU | 2,840 (22.5%) |
| Vacant Housing Units | 665 ( 5.3%) |
| Median Home Value | $475,921 |
| Average Home Value | $530,448 |
Housing Distribution
Address Breakdown
Residential
12,578
Single Family
11,703
Multi-Family
875
Businesses
960
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Listed by: Kevin Gioia • BEYCOME BROKERAGE REALTY LLC
Mls Name: Doorify MLS
Mls ID: #10134870